by Adam Garrett | May 15, 2017 | ACA, MEC
MEC Plans and the Minimum Requirements of the ACAUnder the Affordable Care Act (ACA) which was passed in 2014, medical insurance plans are required to meet minimum essential coverage or MEC standards. Minimum Essential Coverage simply refers to the type of coverage...
by Adam Garrett | May 10, 2017 | Hourly Workforce, MEC
If You Own a Small Business, MEC Plans Should Work Well with your BudgetSince 2010, health insurance premiums for small scale businesses with 3 to 199 employees have increased up to 25%. Average family premium rose from $13, 250 to $16,625 in 2015. As a result, many...
by Adam Garrett | May 3, 2017 | Hourly Workforce, MEC and MVP
MEC and MVP Plans are Both Favorable to the Hourly Workforce and the EmployerWorking in an industry that deals with labor-intensive work, heavy employee turnover and hourly work rates can be a challenge, especially when it comes to managing health insurance benefits...
by Adam Garrett | Apr 22, 2017 | MEC
Find out if the MEC plans you are offering comply with the ACAThe Affordable Care Act requires that everyone must have at last the minimum essential coverage of health insurance, also called MEC Plan. An exception to this are those who have special cases such as being...